Maxwell School News and Commentary
Filtered by: Trade
Lovely discusses costs of US-China trade war on Knowledge@Wharton
"We’re going to see permanently higher prices because the system as a whole will be less efficient," says Professor of Economics Mary Lovely. "President Trump’s actions are cementing firms’ view that this is going to go on for a long time."
See related: China, Economic Policy, Trade, United States
Lovely comments on widening US-China trade gap on NPR
"I think whatever jobs are created by President Trump's war on global supply chains are going to be dwarfed by losses in the U.S. export sectors," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, United States
Lovely comments on multilateral trade, G20 summit in Japan Times
See related: Economic Policy, Political Parties, Trade, United States
Lovely discusses trade war, tariffs on Mexico with Agence France-Presse, Bloomberg, NY Times
"This is really going to hurt American businesses who use Mexico to reduce their costs and stay competitive," Mary Lovely, professor of economics, told Bloomberg after President Trump announced that all products from Mexico will be hit with 25 percent tariffs.
See related: Economic Policy, Latin America & the Caribbean, Tariffs, Trade, United States
Lovely explains how the trade war hurts Americans in CNN article
See related: China, Economic Policy, Trade, United States
Lovely speaks with Associated Press, NPR, NY Times about the US-China trade war
"It looks like there was a level of specificity that China wasn’t willing to accept and a level of ambiguity that the Trump administration wasn’t willing to accept," Mary Lovely, professor emerita of economics, told the New York Times.
See related: China, Economic Policy, Trade, United States
Lovely discusses US-China trade war with ABC News, Marketplace, Wall Street Journal
"I think that if President Trump goes through and raises these tariffs and then China retaliates, there will be a lot more pain and no gain," says Professor of Economics Mary Lovely.
See related: China, Economic Policy, Trade, United States
Lovely discusses US-China trade, tariffs on Bloomberg, CGTN
"It’ll hit the pocketbooks of the working class hard," Professor Mary Lovely said about Trump's recent trade-war threat to increase tariffs.
See related: China, Economic Policy, Tariffs, Trade, United States
US and China resume trade talks, Lovely comments in Associated Press
"The two bullies in the room are basically running the show. The rest of the world is going to have to deal with the aftermath," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, United States